Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

xtraxritical

(3,576 posts)

4. It's the same plan Romney and his Ryan budget has for the USA.

Reply to dipsydoodle (Original post)

Sat Jul 14, 2012, 06:49 PM

Jul 2012

The only way out of a recession/depression is to grow the economy by Keynesian methods. These austerity know nothings (republiCONS in the USA) are holding back the whole world. Once demand is established employment will pick up, of necessity, and tax revenues will surge. Really just straight forward macro economics 101.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

27 replies

= new reply since forum marked as read

Highlight:

Most Greeks want new government to renegotiate bailout: poll [View all] dipsydoodle Jul 2012 OP

Instead of negotiating more debt at higher interest rates the Greek People Vincardog Jul 2012 #1

That may well be some are hoping they will do. dipsydoodle Jul 2012 #2

It may be estimated to take 20 years, that is as opposed as getting deeper into a Vincardog Jul 2012 #3

I guess self imposed austerity is easier on the self esteem hack89 Jul 2012 #5

I think the Greek People should be waiting for the Bankster Gangsters to take their losses first. Vincardog Jul 2012 #6

The banks have already agreed to a 75% haircut - it is part of the bailout. hack89 Jul 2012 #7

Please post a link proving the 75% haircut for the Bankers. Vincardog Jul 2012 #9

Here you go hack89 Jul 2012 #11

I wonder what they PAID for those bonds. You know it was not FACE value. Vincardog Jul 2012 #16

Instead of asking me, why don't you do some research? nt hack89 Jul 2012 #17

I didn't say they agreed to take a 75% haircut. That implied they ere willing to suffer some pain Vincardog Jul 2012 #19

I have a feel that part of that discounting issue dipsydoodle Jul 2012 #14

The losses might not be what you would think dipsydoodle Jul 2012 #8

It's the same plan Romney and his Ryan budget has for the USA. xtraxritical Jul 2012 #4

Most Greeks don't want to pay taxes, either. randome Jul 2012 #10

and this just in most local Greek tax collectora prefer to keep their bribes. grantcart Jul 2012 #13

Greeks really want the gravy train to keep going... BT021 Jul 2012 #12

Guess who wasn't on the gravy train? Bragi Jul 2012 #22

that is debateable BT021 Jul 2012 #26

If, by "everybody" you mean the banks and financiers... Cooley Hurd Jul 2012 #27

Greece is your deadbeat brother-in-law who wants to keep borrowing money from you Nye Bevan Jul 2012 #15

Guess which EU people work most hours? Bragi Jul 2012 #23

It doesn't matter how many hours they work. Nye Bevan Jul 2012 #24

Employees are usually taxed at source Bragi Jul 2012 #25

Greeks generally don't like Capitalism/Fascist systems Harmony Blue Jul 2012 #18

The big problem is the number of Greeks circumventing the tax system. Nye Bevan Jul 2012 #20

The real problem with the EU austerity plan Bragi Jul 2012 #21